Skip to content

ARE

Alexandria Real Estate Equities

NYSEReal EstateReit - OfficeSnapshot 2026-05-08

$46.26+1.49%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, ARE has a signal label of "mild_favorable" with a composite score of 10.4. This change from a previous label of "mixed" reflects a medium confidence level of 68.7. The top drivers influencing this score include macro factors such as rates, growth, labor, and inflation. The assessment is provisional.

Composite +10as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
Insufficient data
No score yet
F2 · Value
Loss-making
Earnings yield undefined
Why this rank
Price
$46.26
TTM EPS
$-0.09
Earnings yield
Undefined / loss-making
P/E (TTM)
Undefined / loss-making

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
robust
Top 20% cash conversion in real estate cohort
Why this rank
TTM NI ($M)
323
TTM CFO ($M)
1,505
CFO/NI
4.66
L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 20% activity in real estate cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
bullish1 analysts, 18% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.00 → $0.12. 0 raised, 0 cut, 1 covering analysts.

Rating actions

0 upgrades, 1 downgrade / 30d, 4 maintained. 18% of analysts rate Buy.

Price target activity

4 PT revisions / 30d. Avg target 17.3% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

Transition story with positive analyst positioning — often a turnaround setup.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Maintain strong financial guidancegrowthbehind5% progress
    4/27: Our guidance for 2026 has been updated to reflect our current view of existing market conditions.
    Why this status

    Stated in 2 of last 2 quarters. Funds from operations per share guidance for 2026 is $6.30 to $6.50. Despite the earnings miss in 2025-Q4, the company maintains its guidance, indicating a focus on aligning with market conditions.

  2. 2.Manage capital allocation effectivelycapital allocationmixed35% progress
    2/25: We issued and sold $750,000,000 aggregate principal amount of the Company’s 5.25% Senior Notes.
    Why this status

    Stated in 2 of last 2 quarters. The company issued $750 million in senior notes in 2026-Q1 and continues to focus on asset sales to fund capital needs. Despite the strategic focus, the financials show a net income decline from $492.16 million in 2025-Q4 to a loss of $99.1 million in 2026-Q1, indicating limited progress in capital allocation effectiveness.

  3. 3.Ensure leadership stabilitytalentmixed33% progressprovisional
    1/12: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.
    Why this status

    Stated in 2 of last 2 quarters. The company has experienced executive changes, including a president transition in 2026-Q1. Despite these changes, the focus remains on leadership stability, though the impact on strategic initiatives is yet to be fully realized.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −52%, typical day ±1.6%
Why this risk level

Recent vol — 30d annualized 58%; 252d 44%.

Drawdown — Max 1y −52%. Bad day move −4%.

Beta to sector ETF (XLRE) 1.56 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 27/100, drawdown 0/100, beta 44/100, earnings vol .

Sector regime
headwind-3.1%sector vs S&P 500, 60d

via XLRE

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. label change · signal_label
    severity 20

    Signal changed from 'mixed' to 'mild_favorable'.

As of 2026-05-08, the signal label for ARE changed from 'mixed' to 'mild_favorable'. This change reflects an improvement in the assessment of the stock's outlook. The forward view indicates an unfavorable scenario with a composite delta estimate of -8.03 if rates state reverses from -0.37 to +0.37, and another unfavorable scenario with a delta estimate of -8.0 if next-quarter guidance is cut. There are also favorable scenarios with potential positive impacts from a sector trend improvement and guidance raise.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite17.4 / 100Provisional · capped at 85
Capital allocation9
Earnings discipline17
Margin discipline
Balance sheet38
Guidance credibility
Post-call reaction21
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Maintain strong financial guidance

    GrowthNew since 2026-05-04

    Ensure financial guidance remains robust and aligned with market conditions.

    On trackBehind

    Stated in 2 of last 2 quarters. Funds from operations per share guidance for 2026 is $6.30 to $6.50. Despite the earnings miss in 2025-Q4, the company maintains its guidance, indicating a focus on aligning with market conditions.

    Funds from operations per share guidance $6.30 to $6.50 for 2026
    5%
    CEO/CFO:Our guidance for 2026 has been updated to reflect our current view of existing market conditions.
    Press releaseSource dated 2026-04-27Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Press release

      Our guidance for 2026 that was initially provided on December 3, 2025 has been reiterated.

    • 2025-Q4Press release

      Funds from operations per share, as adjusted (1) $6.30 to $6.50.

  • #2

    Manage capital allocation effectively

    Capital allocationNew since 2026-05-04

    Optimize capital allocation through strategic debt issuance and asset sales.

    BehindMixed

    Stated in 2 of last 2 quarters. The company issued $750 million in senior notes in 2026-Q1 and continues to focus on asset sales to fund capital needs. Despite the strategic focus, the financials show a net income decline from $492.16 million in 2025-Q4 to a loss of $99.1 million in 2026-Q1, indicating limited progress in capital allocation effectiveness.

    $750 million debt issuance in 2026-Q1
    35%
    CEO/CFO:We issued and sold $750,000,000 aggregate principal amount of the Company’s 5.25% Senior Notes.
    Press releaseSource dated 2026-02-25Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Press release

      We issued and sold $750,000,000 aggregate principal amount of the Company’s 5.25% Senior Notes.

    • 2025-Q4Press release

      We expect to fund a significant portion of our capital requirements through dispositions.

  • #3

    Ensure leadership stability

    TalentNew since 2026-05-04

    Maintain a stable leadership team to support strategic initiatives.

    WatchMixed

    Stated in 2 of last 2 quarters. The company has experienced executive changes, including a president transition in 2026-Q1. Despite these changes, the focus remains on leadership stability, though the impact on strategic initiatives is yet to be fully realized.

    33%
    CEO/CFO:Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.
    Press releaseSource dated 2026-01-12Stated 2 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (2)
    • 2026-Q1Press release

      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.

    • 2025-Q4Press release

      Resignation of Executive Officer.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
96higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
higher = cheaper

Self-history needs ~20 months of data.

P/E
EV/EBITDA
FCF yield
-39.8%

P/E over the last 5 years

68 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
ARE
Alexandria Real Estate Equities
+10fairelevated
WELL
Welltower
+7.9expensivelow
PLD
Prologis
+10fulllow
EQIX
Equinix
+22fairmoderate
AMT
American Tower
+18fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.6%
A bad day (95th %ile)
A rough but not unusual down day.
-4.4%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-51.6%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If real_estate sector trend rises from +0.00 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-27)+4.0 pts
Downside triggers
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-8.0 pts
  • If next-quarter guidance is cut (currently NEW as of 2026-04-27)-8.0 pts
  • If real_estate sector trend falls from +0.00 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2712d agoItem 2.02

    Results of Operations and Financial Condition. On April 27, 2026, Alexandria Real Estate Equities, Inc. (the “Company”) issued a press release entitled “Alexandria Real Estate Equities, Inc. Reports First Quarter Ended March 31, 2026 Financial and Operating Results.” The press release referred to certain supplemental information that is available on the Company’s website at www.are.com. A copy of the press release and supplemental information are attached hereto as Exhibit 99.1. The informati…

    earnings preannouncementpositivescore 55
  2. 2026-02-252mo agoItem 1.01

    Entry Into a Material Agreement On February 25, 2026, Alexandria Real Estate Equities, Inc. (the “Company”) issued and sold $750,000,000 aggregate principal amount of the Company’s 5.25% Senior Notes due 2036 (the “Notes”) in a registered public offering pursuant to an effective shelf registration statement on Form S-3 on file with the Securities and Exchange Commission. The Notes are governed by the terms of an Indenture, dated as of February 13, 2025 (the “Base Indenture”), by and among the…

    capital allocationneutralscore 12
  3. 2026-02-252mo agoItem 2.03

    Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information provided in

    capital allocationnegativescore 10
  4. 2026-01-263mo agoItem 2.02

    Results of Operations and Financial Condition. On January 26, 2026, Alexandria Real Estate Equities, Inc. (the “Company”) issued a press release entitled “Alexandria Real Estate Equities, Inc. Reports Fourth Quarter and Year Ended December 31, 2025 Financial and Operating Results.” The press release referred to certain supplemental information that is available on the Company’s website at www.are.com. A copy of the press release and supplemental information are attached hereto as Exhibit 99.1…

    earnings preannouncementnegativescore 7
  5. 2026-02-122mo agoItem 8.01

    Other Events On February 10, 2026, Alexandria Real Estate Equities, Inc. (the “Company”) and Alexandria Real Estate Equities, L.P., as guarantor (the “Guarantor”), entered into an underwriting agreement with Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC, Scotia Capital (USA) Inc. and TD Securities (USA) LLC, as representatives (the “Representatives”) of the several Underwriters named therein (the “Underwriters”), in connection with the sale of $750,000,000 a…

    capital allocationneutralscore 7
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-01-26 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.